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Rocket Lab USA Q2 Net Loss Narrows, Revenue Increases -- Shares Rise After Hours
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Rocket Lab USA Q2 Net Loss Narrows, Revenue Increases -- Shares Rise After Hours
Aug 8, 2024 2:23 PM

05:04 PM EDT, 08/08/2024 (MT Newswires) -- Rocket Lab USA ( RKLB ) reported a Q2 net loss Thursday of $0.08 per diluted share, narrower than loss of $0.10 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.10.

Revenue for the quarter ended June 30 was $106.3 million, up from $62 million a year earlier.

Analysts surveyed by Capital IQ expected $107.3 million.

The company expects Q3 revenue between $100 million and $105 million.

Analysts polled by Capital IQ expect $110.5 million.

The company's shares were rising past 11% in recent after-hours trading.

Price: 5.3000, Change: +0.53, Percent Change: +11.11

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